30 Mar Land next to the Walmart in Baker sells for $189K
The March 30, 2020 issue covers four commercial sales recorded across Baton Rouge the previous week, totaling $294K in disclosed volume. The headline deal: XL Development GP, Wilbur Evans, president of Tennessee-based First Bank Ventures, paid $189K ($5.49/Land SF) for a parcel of land next to the Walmart in Baker near Plank Road and Groom Road. NADG NNN Reit bought...
23 Mar Iglesia Ni Cristo buys former Rose of Sharon church campus for $400K
The March 23, 2020 issue covers seven commercial sales recorded across Baton Rouge the previous week, totaling $1.37M in disclosed volume. The headline deal: Iglesia Ni Cristo, a California-based religious organization, paid $400K ($29/SF) for the former Rose of Sharon Baptist Church campus at 1553 Florida Boulevard near Renaissance Park. Rose of Sharon Missionary Baptist Church bought an office building...
16 Mar Sherwood Towers I & II Sell to Local Investor
The March 16, 2020 issue covers five commercial sales recorded across Baton Rouge the previous week, totaling $4.6M in disclosed volume. The headline deal: Campus Federal Credit Union paid $2.65M ($26.92/Land SF) for 2.26 acres off Siegen Lane across from Cloverland Avenue for a future branch campus. Better Pumps & Solutions bought the BOH Brothers Construction Co property on Airline...
09 Mar Corporate Blvd Land Sells for 8.8 Million
The March 9, 2020 issue covers eight commercial sales recorded across Baton Rouge the previous week, totaling $10.8M in disclosed volume. The headline deal: Louisiana Farm Bureau Enterprises Inc paid $8.84M ($26.30/Land SF) for 7.72 acres on Corporate Boulevard at Commerce Circle. A local investor bought a former MidSouth Bank branch on Jones Creek Road for $500K, the owner of...
02 Mar Hammond Aire Sells & Street Name Change to Burrow Road
The March 2, 2020 issue covers four commercial sales recorded across Baton Rouge the previous week, totaling $648K in disclosed volume. The headline deal: Saint Peter Holdings, LLC, Donald J. Case, paid $435K ($24/SF) for a ±17,920 SF warehouse at 11726 Richcroft Avenue in the South Choctaw Drive industrial submarket. Hammond Aire, LLC and Mont Belview Properties V, LLC bought...
24 Feb Embassy Apartments Sell for $11.6 Million
The February 24, 2020 issue covers four commercial sales recorded across Baton Rouge the previous week, totaling $11.7M in disclosed volume. The headline deal: Tiger Pointe Owner LLC, New York firm CLK Properties, paid $11.6M ($77,333/unit) for the Embassy Apartments, a 150-unit complex on Gourrier Avenue off Nicholson Drive near the LSU campus. Michigan-based Agree Realty Corporation bought the O'Reilly...
17 Feb Baton Rouge Medical Clinic Sells for $4.1 Million
The February 17, 2020 issue covers five commercial sales recorded across Baton Rouge the previous week, totaling $6.15M in disclosed volume. The headline deal: Yellowhammer Partners LLC paid $4.12M ($318/SF) for the Baton Rouge Vascular Access clinic facility at 505 East Airport Avenue. Baum's Bakery sold its building near Florida Boulevard and Wooddale Boulevard to a Lafayette-based LLC for $700K,...
10 Feb Champion Medical Office Building sells for $7.18M
The February 10, 2020 issue covers ten commercial sales recorded across Baton Rouge the previous week, totaling $14.9M in disclosed volume. The headline deal: NEC Baton Rouge LP, Texas-based investment firm New Era Companies, paid $7.18M ($94/SF) for the Champion Medical Office Building at 7855 Howell Boulevard. LWCC bought the Red Roof Inn at South Acadian Thruway and I-10 for...
03 Feb Atlanta Investor Purchases MidCity Medical Clinic
The February 3, 2020 issue covers five commercial sales recorded across Baton Rouge the previous week, totaling $1.77M in disclosed volume. The headline deal: HF FMC Realtors LLC, an Atlanta-based investor, paid $825K ($103/SF) for the Fresenius Kidney Care Bon Carre medical office at 7656 Realtors Avenue off Lobdell Boulevard. Build Baton Rouge bought the former Chase Bank branch at...
27 Jan Perkins Road PetSuites Sells for $4.9 Million
The January 27, 2020 issue covers seven commercial sales recorded across Baton Rouge the previous week, totaling $7.73M in disclosed volume. The headline deal: Nephron Properties LLC, an Arkansas-based real estate investment company, paid $4.98M ($355/SF) for the PetSuites location at 8200 Perkins Road. Click Here Digital bought the former Fortiss College building on Interline Avenue next to I-12 for...